Warren B. Mosler (1949) is a founder and a Principal of AVM, L.P., a U.S. Broker-Dealer.

He is also a founder and principal of III Associates and III Offshore Advisors, the companies which advise the III family of leveraged investment funds.

These funds have approximately $3.5 billion of investor capital and employ a market neutral, zero duration strategy.

His participation is through Valance Co., Inc., a shareholder of III Offshore Advisors.
Valance Co., Inc. is located at 5000 Estate Southgate, St. Croix, USVI, 00820
 

1993-Present

• President Valance Co., operating company and shareholder of AVM LP, III Advisors, and III Offshore Advisors, Valance relocated to St. Croix March 1, 2003

• AVM, L.P Founder and Principal- AVM is a broker/dealer that provides advanced financial services to large institutional accounts.
• Enterprise National Bank:  Director and major shareholder. (ENB donates 25% of its profits to the American Cancer Society.)
• Chairman and majority shareholder of Consulier Engineering. Production of the MT900s is currently underway at Breckland Engineering, UK.(www.mt900.com)
• Co-Founder and benefactor of The Center for Full Employment and Price Stability at the Univ. of Missouri in Kansas City: CFEPS has supported economic research projects and graduate students at UMKC, the London School of Economics, the New School in NYC, Harvard College in Boston, and the University of Newcastle, Australia.
• Senior Associate Fellow, Cambridge Centre for Economic and Public Policy, Downing College, Cambridge, UK

 1982-Present:

• Associate Fellow, University of Newcastle, Newcastle, Australia
• Founder and Principal, Illinois Income Investors (III)-Developed numerous successful strategies that utilized US Government securities, mortgage backed securities, LIBOR swaps, LIBOR caps, and financial futures markets in a market neutral, 0 duration strategy. Originated the 'mortgage swap' in 1986. Orchestrated the largest futures delivery to date (over $20 billion notional) in Japan in 1996. Created the current euro swap futures contract

• William Blair and Company, Chicago- Founded fixed income arbitrage department.  Developed numerous successful trading strategies in fixed income and derivative product markets.

• Banker's Trust NYC, Vice President, Sales and Trading - Instituted active forward markets in GNMA securities trading.  Designed arbitrage strategies utilizing newly emerging financial forward and futures markets.

 1975-1976:

• Bache and Co.- Fixed Income Institutional Sales

• The Savings Bank of Manchester- Pioneered the use of synthetic short term investments with long term securities and forward markets.
   

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Warren is active in numerous USVI organizations. He hosted an international monetary policy conference in St. Croix in January 2006, and serves on the St. Croix Chamber of Commerce Macroeconomic Policy Committee.  Additional detail is available on request.

• "Building a Palestinian Economy," Middle East Insight, pp. 57-59, Washington DC, June-July 2001.
   
• "Workfare and Labor Market Policy," Session Chair, University of Newcastle, Australia, June 2001.
   
• "Review of Central Bank Options: Technical Discussion," Singer Island, Florida, March 2001.
   
• "Development Plan for Palestine," Sixth International Post Keynesian Conference, June 23-28, 2000.
   
• "Declining Savings Rate and Growing Household Indebtedness in North America," testimony before the Standing Committee on Finance, House of Commons, Ottawa, Canada, May 2000
   
• "Comment on 'In the Interests of Safety' by Martin Mayer," in The Management of Global Financial Markets, edited by Jan Joost Teunissen, pp. 94-101, FONDAD: The Hague, 2000. 
   
• "Exchange Rate Policy and Full Employment," University of Newcastle, Australia, December, 1997.
   
• "Full Employment and Price Stability," Eastern Economics Association, March 1997. 
   
• "Soft Currency Economics," Bretton Woods, New Hampshire, July 1996.
   
• "Critique of John B. Taylor's 'Expectations, Open Market Operations, and Changes in the Federal Funds Rate'," Journal of Post Keynesian Economics, forthcoming.
   
• "A General Framework for the Analysis of Currencies and Commodities", in Full Employment and Price Stability in a Global Economy, edited by Paul Davidson and Jan Kregel, pp. 166-177, Northampton: Edward Elgar Publishing, Inc, 1999.
   
• "Full Employment and Price Stability," Journal of Post Keynesian Economics, Vol. 20, No. 2, Winter 1997-98.